Chapter 120
Gun-Ho made a call to the general affairs manager—Seon-Hong Hwang whom he used to work with when he was in Asan City .
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"Director Hwang? It's me, Gun-Ho Goo . "
"Oh, Gun-Ho! How have you been? By the way, I am not a director; I am a manager . "
"You are still a manager? I guess the company doesn't recognize your hard work . You have been working so hard for the company for a long time . "
"The company cannot afford to promote anybody because of its financial situation . "
"You are getting paid on time, right?"
"I haven't received the last month's salary yet . However, fortunately, our company quickly let some workers go to handle the situation, but Mulpasaneop is in trouble . "
"Is it that serious?"
"Mulpasaneop hasn't paid to its employees for the past three months, and some employees already filed a lawsuit for unpaid wages against the company . "
"Wow . It is serious . "
"You seem to be doing very well, Mr . Gun-Ho Goo . Do you happen to have any position I can take?"
"Haha! I'm not doing that well . "
"I'm having a hard time every single day these days . "
"Do you have time today? Would you like to have a beer with me at Dujeong Town since it's Friday?"
"Today? You no longer live in this area . Are you going to come to Cheonan?"
"I will, of course, go there to have a drink with you . I want to see you too . "
"Really? Haha . Okay then . I will see you at 7 pm . "
For the first time in a long time, Gun-Ho was heading to Cheonan in his Land Rover . He had mixed feelings .
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"I drove this road when I went to YS Tech for a job interview in Dunpo Town, Asan City . I was, at that time, working in a gas delivery company . That was already several years ago . "
Gun-Ho remembered he sang Bohemian Rhapsody in his shabby car on the way to YS Tech at that time . He started humming the same song again .
"Is this the real life? Is this just fantasy?
Caught in a landslide . No escape from reality . "
"I cried a lot while singing this song then . Whew . I suffered all those years because of money . "
Gun-Ho compared his current self with his past self at that time .
"I have two condos now: one is for my parents, and the other is the one that I'm living in, which is worth 1 . 5 billion won . I have cash of another 1 . 5 billion won in my bank account and I also have 3 billion won worth of stocks . The capital of my company—GH Development is 900 million won, and the office-tel for the company is 500 million won . Additionally, I have 1 . 5 billion won put in the joint venture with China as well . So, the total asset is 35 . 9 billion won . But I still feel hungry . "
Gun-Ho parked his car at Dujeong Station . He then headed to the Izakaya pub after meeting with General affairs manager Hwang at the station .
"We didn't have to come to this nice place . We could have just gone to a deep-fried chicken restaurant where we can have some beer as well . "
"No, I want to buy you a drink in a nice place . "
Gun-Ho ordered flatfish sashimi and deep-fried shrimp . For a drink, he ordered Cheongha as General affairs manager Hwang suggested .
"This will cost you a lot . "
"Enjoy it . "
Gun-Ho placed the sashimi in front of General affairs manager Hwang .
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After drinking several glasses of Cheongha, General affairs manager took out his cigarette .
"Is smoking allowed here?"
General affairs manager looked around . When he found no one who was smoking in the pub, he put his cigarette back to his jacket .
"Let's order one more bottle of Cheongha . "
Gun-Ho ordered one more bottle .
The company was doing very well when you were working there . It was good days .
"Was it?"
"At that time, we often went out for dinner all together . Now, we are all working quietly . "
"President Young-Sik Park must have a hard time to find a way out of that situation . How's he doing? I know he is hot tempered, but I also know that he cares about the people around him . "
"The president is not like before; he seems to lose confidence in himself . Mulpasaneop is his brother-in-law's company and it is almost going under after all . "
"YS Tech should have diversified its clientele . It shouldn't have heavily relied on one client—Mulpasaneop . "
"It's easier said than done . You need connections to be able to diversify the clientele . "
"What about Manager Kim in the accounting team? How is she doing? She had just delivered her baby at that time . The baby must have grown a lot . "
"She left the company . "
"Why?"
"She got scared when the creditors came to the office and yelled at her . Her husband told her to quit the job . "
"She then moved to another company?"
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"I heard she is working in an accountant office . "
"Does YS Tech still work with the same tax accountant office? The one that is located across the street from the tax office . "
"Right, we are still working with the same accountant office . I heard we owe some payment to that office as well . "
General affairs manager Hwang drank a lot that day . He was having the third bottle .
"Are you okay? You brought your car, right?"
"It's okay . I can still drive . I know the exact location where the police stop cars for a sobriety test . "
"I think you should call for a paid designated driver . "
"That's okay . Here . Let me pour liquor in your glass . "
"I think I drank a lot already . "
"Have some more . You only had one bottle . "
"Do you know which accountant office has been working with Mulpasaneop?"
"I don't know . I don't know that much about Mulpasaneop; it's not like I have someone close to me, who is working there . Oh, I think I saw Mulpasaneop's financial statements in the president's office . I guess I can find out the name of the accountant office by looking at those financial statements . "
Gun-Ho wanted to ask him to find out the name of the accountant office, but he didn't ask him . He once caused a money related problem with YS Tech president—Young-Sik Park and he didn't want to do anything that could make him look suspicious again .
"Mulpasaneop must have let go of a lot of workers by now . I remember their factory was huge . "
"Their factory is indeed large . More than 300 workers used to work in that factory, and now only half of them are still there . "
"You said they couldn't pay their workers for the past several months, right?"
"Mulpasaneop still pays our company for the products we deliver to them . Our president told him he wouldn't be able to send our products to them without getting paid . If we don't provide the products to them, their factory would have to stop working . "
Gun-Ho dragged his chair close to General affairs manager Hwang and talked to him quietly .
"By the way, I heard that the president of Mulpasaneop and his son who was also working at the same company were not getting along . Is that true?"
"It is true . They don't share the same value in running a company . His son fired several employees who were loyal to the president and filled with his own people . He also recklessly expanded the business to China and blew a lot of money . "
"How is the business in China?"
"I don't know about it . "
"That's a shame . It's a 1 . 5 vendor . "
"That's right . It is a 1 . 5 vendor . "
The first vendor is the companies that deliver products directly to a big company like Hyundai and Samsung . The second vendor is the companies that deliver their products to those first vendors . There were the third vendors that deliver products to the second vendor, and so on .
For example, DAS Corporation that people now say it is owned by MB delivers products to Hyundai; that means DAS Corporation is the first vendor . Any companies that deliver products to DAS Corporation are the second vendors . The first vendors are large companies with money and technology . Many of them have gross sales revenue of 1,000 billion won .
"So Mulpasaneop is going under because of money . "
"I think so . It was not like the first vendor didn't deliver their products to Mulpasaneop or anything like that . "
"In order to build another factory in China, they probably used their main factory in Korea as collateral . "
"That sounds better than their actual situation . I heard they borrowed money from Korea Credit Guarantee Fund . "
"Does the president of Mulpasaneop still go to work these days?"
"You expect me to know too much . How would I know whether their president goes to work or not? I don't work there . Why are you so interested in Mulpasaneop anyway? Are you thinking of getting a job there? Don't . There are a lot of companies way better than that company . "